(Reuters) – The number of people in Spain registering as jobless rose 1.04% in October from a month earlier, or by 26,769 people, leaving 2.60 million people out of work, data from the Labour Ministry showed on Tuesday. Spain gained 67,772 net formal jobs during the month to 21.29 million jobs, when adjusting to seasonality, …
Spain’s October jobless rises by 1.04% from September to 2.60 million Read More »
PARIS (Reuters) – Air France KLM shares fell on Tuesday after Morgan Stanley cut its rating on the stock to ‘underweight’ from ‘equal weight’. Air France KLM shares were down around 2% in early session trading. “The shares are not expensive relative to history – as is the case for the whole of the sector …
Air France KLM shares fall as Morgan Stanley downgrades stock Read More »
(Reuters) -British inter-dealer broker TP ICAP reported a 10% increase in its third-quarter revenue on Tuesday, driven by strong performances in its Global Broking and Liquidnet segments. The London-listed company posted record revenues of 557 million pounds ($722.7 million) for the three months ended Sept. 30, compared with 512 million pounds a year ago. The …
UK’s TP ICAP posts record Q3 revenue on global broking strength Read More »
BERLIN (Reuters) – The business climate in Germany’s chemical industry improved significantly in October, though it was still in negative territory, as companies pin their hopes on the government’s electricity price package, according to a survey on Tuesday. The Ifo economic institute’s indicator on the sector jumped to -3.1 points in October from a seasonally …
Mood in German chemicals sector brightens on electricity support, finds Ifo Read More »
PARIS (Reuters) – Atos said on Tuesday it had signed an agreement to sell its Worldgrid business unit to Alten for 270 million euros ($293.7 million) on an enterprise value basis, in a transaction expected to close before end-2024. The agreement comes as France boosts its efforts to protect Atos, a struggling software company that …
French IT firm Atos agrees to sell Worldgrid unit to Alten Read More »
A look at the day ahead in European and global markets from Tom Westbrook At last Election Day is here, ending an acrimonious campaign roiled by assassination attempts on Donald Trump and the swap of Kamala Harris for Joe Biden as the Democratic candidate. Outwardly, markets gave the appearance of steadiness in the final stretch …
DUBLIN (Reuters) – Ireland’s services sector continued to grow in October, though at a slower pace than September’s six-month high, a survey showed on Tuesday. The AIB Global S&P Purchasing Managers’ Index (PMI) stood at 53.8 in October, down from 55.7 in September. The index has been above the 50 mark that separates growth from …
Irish service sector growth eases in October, PMI shows Read More »
LONDON (Reuters) – British consumer spending grew only modestly last month as uncertainty in the run-up to finance minister Rachel Reeves’ Oct. 30 budget and rising energy bills deterred shoppers, a survey showed on Tuesday. The British Retail Consortium said spending in shops increased by 0.6% in annual terms in October, below September’s 2.0% growth …
UK consumer spending slowed before last week’s budget, retailers say Read More »
By Milana Vinn (Reuters) – Buyout firms Silver Lake and Bain Capital are among the potential suitors that are likely to compete to acquire a minority stake in Altera, the programmable chips business that Intel acquired for nearly $17 billion in 2015, according to people familiar with the matter. Intel, which has already taken steps …
(Reuters) – NXP Semiconductors NV forecast fourth-quarter revenue below estimates on Monday, as it anticipates uncertain demand and broader macroeconomic weakness in Europe and the Americas. Nasdaq-listed shares of NXP fell 5% in trading after the bell. Enterprises cutting down on spending due to budget constraints in a sluggish economy has impacted the Eindhoven, Netherlands-based …
Chipmaker NXP forecasts quarterly revenue below estimates on macroeconomic concerns Read More »
